State Gross Profit from 2010 to 2024

STT Stock  USD 74.29  0.10  0.13%   
State Street Gross Profit yearly trend continues to be comparatively stable with very little volatility. Gross Profit will likely drop to about 7 B in 2024. Gross Profit is the profit State Street Corp makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1989-06-30
Previous Quarter
B
Current Value
5.3 B
Quarterly Volatility
1.3 B
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check State Street financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among State main balance sheet or income statement drivers, such as Interest Expense of 6.7 B, Other Operating Expenses of 404.7 M or Operating Income of 2.5 B, as well as many exotic indicators such as Price To Sales Ratio of 3.2, Dividend Yield of 0.0408 or PTB Ratio of 1.0. State financial statements analysis is a perfect complement when working with State Street Valuation or Volatility modules.
  
This module can also supplement State Street's financial leverage analysis and stock options assessment as well as various State Street Technical models . Check out the analysis of State Street Correlation against competitors.

Latest State Street's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of State Street Corp over the last few years. Gross profit is a required income statement account that reflects total revenue of State Street Corp minus its cost of goods sold. It is profit before State Street operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. State Street's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in State Street's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 12.13 B10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

State Gross Profit Regression Statistics

Arithmetic Mean9,534,053,886
Geometric Mean8,399,992,410
Coefficient Of Variation29.30
Mean Deviation1,695,809,189
Median9,784,000,000
Standard Deviation2,793,686,446
Sample Variance7804684T
Range11.1B
R-Value0.51
Mean Square Error6204315.1T
R-Squared0.26
Significance0.05
Slope319,650,921
Total Sum of Squares109265575.4T

State Gross Profit History

2024B
202311.5 B
202211.8 B
202111.6 B
202011.2 B
201911.3 B
201811.5 B

Other Fundumenentals of State Street Corp

State Street Gross Profit component correlations

0.97-0.870.650.41.00.660.250.870.160.90.14-0.610.870.920.390.620.550.410.550.140.30.37-0.36
0.97-0.790.620.360.960.640.160.870.170.860.16-0.610.870.950.480.520.470.320.580.070.120.28-0.26
-0.87-0.79-0.78-0.53-0.87-0.71-0.13-0.68-0.22-0.840.10.75-0.76-0.81-0.22-0.71-0.66-0.48-0.69-0.34-0.44-0.610.59
0.650.62-0.780.90.650.390.090.650.040.83-0.56-0.920.860.790.10.760.840.790.840.690.520.82-0.81
0.40.36-0.530.90.40.110.290.57-0.070.62-0.67-0.750.730.590.060.680.750.860.650.850.580.79-0.76
1.00.96-0.870.650.40.660.260.870.160.90.14-0.610.870.910.380.630.550.420.540.140.320.38-0.37
0.660.64-0.710.390.110.660.030.460.490.470.36-0.330.40.620.430.530.190.10.37-0.120.20.32-0.37
0.250.16-0.130.090.290.260.030.45-0.190.060.150.180.210.250.450.26-0.030.3-0.160.380.420.2-0.07
0.870.87-0.680.650.570.870.460.450.030.770.11-0.510.880.90.610.490.410.440.380.270.220.28-0.26
0.160.17-0.220.04-0.070.160.49-0.190.030.00.230.060.030.120.090.41-0.030.110.14-0.30.160.12-0.25
0.90.86-0.840.830.620.90.470.060.770.0-0.27-0.860.940.880.090.680.830.630.760.390.420.58-0.57
0.140.160.1-0.56-0.670.140.360.150.110.23-0.270.61-0.26-0.040.57-0.34-0.7-0.65-0.61-0.79-0.44-0.680.63
-0.61-0.610.75-0.92-0.75-0.61-0.330.18-0.510.06-0.860.61-0.81-0.720.1-0.61-0.88-0.64-0.91-0.59-0.35-0.720.69
0.870.87-0.760.860.730.870.40.210.880.030.94-0.26-0.810.940.280.660.740.660.730.450.350.55-0.52
0.920.95-0.810.790.590.910.620.250.90.120.88-0.04-0.720.940.50.640.580.510.70.320.260.5-0.46
0.390.48-0.220.10.060.380.430.450.610.090.090.570.10.280.5-0.04-0.36-0.19-0.09-0.14-0.31-0.20.24
0.620.52-0.710.760.680.630.530.260.490.410.68-0.34-0.610.660.64-0.040.760.860.670.50.840.86-0.89
0.550.47-0.660.840.750.550.19-0.030.41-0.030.83-0.7-0.880.740.58-0.360.760.840.830.660.680.83-0.82
0.410.32-0.480.790.860.420.10.30.440.110.63-0.65-0.640.660.51-0.190.860.840.650.740.830.86-0.87
0.550.58-0.690.840.650.540.37-0.160.380.140.76-0.61-0.910.730.7-0.090.670.830.650.560.390.78-0.71
0.140.07-0.340.690.850.14-0.120.380.27-0.30.39-0.79-0.590.450.32-0.140.50.660.740.560.630.79-0.64
0.30.12-0.440.520.580.320.20.420.220.160.42-0.44-0.350.350.26-0.310.840.680.830.390.630.82-0.82
0.370.28-0.610.820.790.380.320.20.280.120.58-0.68-0.720.550.5-0.20.860.830.860.780.790.82-0.95
-0.36-0.260.59-0.81-0.76-0.37-0.37-0.07-0.26-0.25-0.570.630.69-0.52-0.460.24-0.89-0.82-0.87-0.71-0.64-0.82-0.95
Click cells to compare fundamentals

About State Street Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include State Street income statement, its balance sheet, and the statement of cash flows. State Street investors use historical funamental indicators, such as State Street's Gross Profit, to determine how well the company is positioned to perform in the future. Although State Street investors may use each financial statement separately, they are all related. The changes in State Street's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on State Street's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on State Street Financial Statements. Understanding these patterns can help to make the right decision on long term investment in State Street. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit11.5 BB
Gross Profit Margin 0.96  1.06 

Currently Active Assets on Macroaxis

When determining whether State Street Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if State Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about State Street Corp Stock. Highlighted below are key reports to facilitate an investment decision about State Street Corp Stock:
Check out the analysis of State Street Correlation against competitors.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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Is State Street's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of State Street. If investors know State will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about State Street listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.1)
Dividend Share
2.7
Earnings Share
5.43
Revenue Per Share
38.242
Quarterly Revenue Growth
0.018
The market value of State Street Corp is measured differently than its book value, which is the value of State that is recorded on the company's balance sheet. Investors also form their own opinion of State Street's value that differs from its market value or its book value, called intrinsic value, which is State Street's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because State Street's market value can be influenced by many factors that don't directly affect State Street's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between State Street's value and its price as these two are different measures arrived at by different means. Investors typically determine if State Street is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, State Street's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.